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SEC Chair Gary Gensler Slams FIT2I, Cites “Immeasurable Risk” To Investors
22.5.2024
United States Securities and Exchange Commission (SEC) Chair Gary Gensler released a statement Wednesday morning criticizing the Financial Innovation and Technology for the 21st Century Act (FIT21), claiming it would present "immeasurable risk" to investors and markets. Gensler's commentary comes...
Stripchain raises $10M to simplify blockchain user experience
22.5.2024
Stripchain’s funding round included investors such as Sora Ventures, Hyperithm, Shima Capital, Mechanism and several crypto angel backers
Layer-2 Network Starknet Gets Ethereum Virtual Machine With Zero-Knowledge Proofs
22.5.2024
The zkEVM, called Kakarot, already in testing, will be available via the Starknet Stack
Near plans AI chatbot to help users code decentralized apps
22.5.2024
Near co-founder Illia Polosukhin believes that there’s a need for user-owned AIs that are optimized for people’s well-being and economic success
BlockDAG outperforms Polkadot and Aptos with groundbreaking $29.2M presale and advanced technology
22.5.2024
While Polkadot (DOT) experiences market fluctuations and Aptos faces downward price predictions, BlockDAG is a formidable contender in the crypto world with its recent $29.2 million keynote-powered presale. This milestone underscores BlockDAG’s allure as the premier cryptocurrency to invest...
Dfinity Senior Scientist: Bitcoin’s Next Significant Wave of Innovation Will Revolve Around DAOs
22.5.2024
After the introduction of ordinals, BRC-20 tokens, and more recently, Runes, the next significant wave of innovation on Bitcoin will revolve around Decentralized Autonomous Organizations (DAOs). Aisling Connolly, the Senior Research Scientist at the Dfinity Foundation, has asserted this. He stated...
Vitalik Buterin advocates ZK 'Likes' on Farcaster after X privacy shift
22.5.2024
Vitalik Buterin advocates for zero-knowledge “Likes” on social media in pursuit of combatting preference falsification
Deutsche Bank Infra Provider Taurus Expands to North America
22.5.2024
Crypto technology provider Taurus opens its first North American office in Vancouver to meet increasing demand for digital asset services after expansion in London, Paris, Frankfurt, and Dubai.
The post Deutsche Bank Infra Provider Taurus Expands to North America appeared first on Cryptonews
Early Crypto Adopter: Unmatched Privacy of ZK Proofs Outweighs the Technology’s Perceived Disadvantages
22.5.2024
Although zero-knowledge (ZK) proofs are often considered complex to set up, Iva Wisher, co-founder of the Layer two platform Prom, argues that the technology’s unparalleled privacy, faster transaction finality, and overall efficiency outweigh any developmental complexity. Wisher, an early adopter...
Former Treasury Official Graham Steele Gets Pushback On FIT21 Take After DIFA Petition Criticism
21.5.2024
Former U.S. Treasury Graham Steele is receiving backlash after he took to X Monday morning to scrutinize a petition created by Digital Innovation For America (DIFA) for the Financial Innovation and Technology for the 21st Century Act (FIT21). The bill is set for a full House vote taking place...
Smash Bros. Director Reveals All Fighters Have About The Same Win Rate
21.5.2024
If you’ve spent any time online looking up information about Nintnedo’s long-running fighting game franchise Super Smash Bros., you’ve likely seen some tier lists claiming certain characters are overpowered or terrible. But a new video from the creator of the series reveals that’s not the case,...
US House of Representatives Set To Vote On Decentralization Bill
21.5.2024
The eagerly anticipated Decentralisation Bill, officially known as "The Financial Innovation and Technology for the 21st Century Act" (FIT21), is about to go to a vote in the US House of Representatives.
The post US House of Representatives Set To Vote On Decentralization Bill appeared first...
Second Ethereum Foundation Researcher Acknowledges Advisory Deal Paid in EIGEN
21.5.2024
The news set off a debate on the social-media platform X about whether advising the EigenFoundation might constitute a conflict of interest – given the flagged risks to Ethereum from restaking protocol EigenLayer
Farcaster, Blockchain-Based Social Media Startup, Raises $150M, Led by Paradigm
21.5.2024
Dan Romero's Farcaster made waves earlier this year with the introduction of "Frames," a feature allowing apps to run within posts, so users don't have to click off to another site
Hellblade 2 Studio Reportedly Already Working On Its Next Game
21.5.2024
Fresh off the release of Senua’s Saga: Hellblade II, Microsoft has reportedly greenlit the next project from developer Ninja Theory. The studio, which was acquired by Microsoft in 2018 for $117 million, has earned a reputation for creating high-quality narrative action games. That’s something...
Coinbase Taps Ex-Rep. Kendrick Meek for Advisory Council as House Gears Up for Crypto Legislation Vote
21.5.2024
Former Congressman Kendrick Meek is hopping on board Coinbase’s global advisory council just before the House vote on the Financial Innovation and Technology for the 21st Century Act (FIT21).
The post Coinbase Taps Ex-Rep. Kendrick Meek for Advisory Council as House Gears Up for Crypto Legislation...
GTA 6 Could Be The First Game To Push Past $70
20.5.2024
It’s only been about two years or so since the video game industry began charging $70 for big games instead of the usual $60, due to game development costs increasing (and greed). This shift, understandably, didn’t go over well with players as the cost to stay up-to-date with modern gaming...
Bipartisan bill for blockchain competitiveness passes US House
20.5.2024
The Deploying American Blockchains Act of 2023 gives the Commerce Department a role in advancing blockchain technology
XLink Partners with Kaamel Technology to Investigate $10M Security Breach
20.5.2024
XLink has announced a partnership with cybersecurity firm Kaamel Technology, which aims to thoroughly investigate the 'root cause' of a data breach incident on May 15, involving nearly $10 million of user funds.
The post XLink Partners with Kaamel Technology to Investigate $10M Security Breach...
Humanity Protocol Teases Several Major Partnerships Following $1 Billion Valuation
20.5.2024
Humanity Protocol, the artificial intelligence startup pioneering new identity verification technology, is teasing “several major partnerships” ahead of its testnet launch. The news follows its $1 billion valuation last week that saw key investors such as Kingsway Capital and Animoca Brands...